City of Ryde

Value added

In the City of Ryde, Wholesale Trade most productive industry, generating $2,593 million in 2020/21.

Value added by industry is an indicator of business productivity in the City of Ryde. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.

By comparing the value added of each industry sector to a regional benchmark, you can clearly see the structure of the City of Ryde’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To see what contribution each industry makes to the state or region, see the Industry sector analysissection. To understand the value of a worker in each industry, view this dataset in conjunction with Worker productivity data, and to see the relationship of value added to the total size of the economy, go to the Gross Regional Product section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
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Value added by industry sector
City of Ryde2020/212015/16Change
Industry$m%. New South Wales$m%. New South Wales2015/16 - 2020/21
Agriculture, Forestry and Fishing25.40.22.121.50.12.3+3.9
Mining6.40.02.614.60.13.1-8.3
Manufacturing1,597.510.06.51,435.29.66.9+162.3
Electricity, Gas, Water and Waste Services268.91.72.4214.41.42.6+54.5
Construction1,262.07.98.71,207.08.08.8+55.0
Wholesale Trade2,592.516.25.33,121.220.85.2-528.7
Retail Trade665.34.25.4609.24.15.2+56.1
Accommodation and Food Services255.51.62.6261.11.73.0-5.7
Transport, Postal and Warehousing228.81.45.3249.91.76.4-21.1
Information Media and Telecommunications2,285.014.33.72,197.214.63.4+87.8
Financial and Insurance Services405.72.512.7366.92.413.3+38.8
Rental, Hiring and Real Estate Services427.52.74.6341.52.34.4+85.9
Professional, Scientific and Technical Services2,467.415.410.71,879.212.58.9+588.2
Administrative and Support Services443.22.84.4438.92.94.7+4.3
Public Administration and Safety423.12.65.7354.22.45.4+69.0
Education and Training1,286.18.15.91,156.97.76.0+129.2
Health Care and Social Assistance1,004.96.38.5853.45.77.1+151.5
Arts and Recreation Services105.30.70.975.50.50.9+29.9
Other Services220.71.41.9221.41.52.1-0.7
Total industries15,971.3100.0100.015,019.2100.0100.0+952.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. Learn more

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the valued added by industry sectors in the City of Ryde in 2020/21 shows the three largest industries were:

  • Wholesale Trade (2,593 million or 16.2%)
  • Professional, Scientific and Technical Services (2,467 million or 15.4%)
  • Information Media and Telecommunications (2,285 million or 14.3%)

In combination these three industries accounted for 7,345 million in total or 46.0% of the total value added by industry in the the City of Ryde.

In comparison, the same 3 industries in New South Wales accounted for 5.3% in Wholesale Trade; 10.7% in Professional, Scientific and Technical Services and 3.7% in Information Media and Telecommunications.

The major differences between the value added by industries of the City of Ryde and New South Wales were:

  • A larger percentage of value added by Wholesale Trade (16.2% compared to 5.3%)
  • A larger percentage of value added by Information Media and Telecommunications (14.3% compared to 3.7%)
  • A smaller percentage of value added by Financial and Insurance Services (2.5% compared to 12.7%)
  • A larger percentage of value added by Professional, Scientific and Technical Services (15.4% compared to 10.7%)

Emerging groups

The total value added by industry in the City of Ryde $increased by 952 million between 2015/16 and 2020/21.

The largest changes in the value added by industries between 2015/16 and 2020/21 in the City of Ryde were for:

  • Professional, Scientific and Technical Services (+$588 million)
  • Manufacturing (+$162 million)
  • Health Care and Social Assistance (+$151 million)
  • Education and Training (+$129 million)

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City of Ryde

economic profile